How to pivot away $34m: Israel’s Xeround shuts it doors with a lesson
The Next Web
MAY 12, 2013
When they realized this direction wasn’t getting them anywhere, they pivoted, choosing to focus on designing databases geared toward handling large information loads with fast response times and high survivability (Real Time Carrier Grade Telco Database). Sales cycles were long and unpredictable. Xeround was out of their element.”
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